This report is being submitted to the Korean Traders
Association at the completion of our project, Development
Strategy in the Information Age: Understanding the New
Economics of Comparative Advantage. As stipulated in the
original agreement, we have undertaken an investigation of the
emerging competitive dynamics in three industries:
Semiconductor memories, textiles, and automobiles. Because of
the close relationship between textile and garment production, we
have broadened our treatment of textiles to include a
comprehensive analysis of the garment industry as well. We
hope that this additional work will be of interest.

In this report, we present the results of our research,
interviewing, and modeling exercises. We hope that our work
will make a useful contribution to the discussion of appropriate
Korean development strategy for the coming decade. We also
hope that our model will serve as a prototype for additional
modeling exercises by our Korean colleagues.

(※서문에서 발췌한 내용임)

Ⅰ. Korea`s Competitive Prospects : Critical Issues for the
Coming Decade
1. Introduction
2. Elements of International Competitiveness
3. Conclusion
Ⅱ. Competitive Dynamics in the Garment and Textile Industries
1. Introduction
2. The Competitive Environment : An Overview
3. Asian Competitors in the U.S. Market : A Closer Look
4. Technology Trends
5. Industry Structure
6. Current Location Trends
7. Conclusions
Ⅲ. Competitive Dynamics in the Semiconductor Memory
Industry
1. Introduction
2. Movement of the Technology Frontier
3. International Competition in Semiconductor Production :
Korea`s Plans and Prospects
4. Optimum Technology Choice and Dynamic Cost
competition : A Simulation for 64K DRAM Production
5. A Look Into the Near Future: Is Korea Competitive in
256K DRAM Production?
6. Future Prospects
Ⅳ. Competitive Dynamics is the Automobile Industry
1. Introduction
2. Korea`s Current Auto Production Plans
3. Korea and Other Non-OECD Producers : Competitive
Prospects
4. Competitive Dynamics Among OECD Producers : Major
Questions
5. The North American Market for Small Cars Through
1990
6. Defining the Frontier in Automobile Production
7. Emerging Technologies
8. Technologies and Costs into the 1990`s: Some Projections
Ⅴ. Conclusion